PUMAPAY ROJECT ( P2P payment system for the next generation )steemCreated with Sketch.

in #pumapay6 years ago

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ABOUT PUMAPAY
As strong supporters of blockchain expertise and decentralization, being well-aware of the cracks that occur between digital and online billing requirements and prevailing blockchain solutions is extremely important. Credit card transactions and processing systems are deliberately becoming outmoded and it’s essential to be substitute it by a procedure which is envisioned around the requirements of a fast-paced, international, and technology-based economy. The mission is to revolutionize the existing payment dispensation systems by generating a flourishing cryptocurrency economy fabricated upon the special protocol system of PumaPay Pull Payment.

Blockchain technology has started a silent revolution in many fields like health, travel, insurance, automobile, etc. Whenever a new technology is introduced, or the existing one is modified, payment methods will also get upgraded. For example, after the internet was invented, the concept of Net banking was introduced. Mobile banking apps were developed when 2G internet was introduced. Now, as blockchain is reinventing the existing technologies, it is changing the way how you are making the payments. Using blockchain technology, it is possible to change any system from the existing centralized way to a decentralized system which will enable the P2P communication eliminating the need for middlemen or intermediary. So, the cost involved in the transaction will be greatly reduced.

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A free of cost blockchain pull payment practice is what makes crypto billing manageable by as well as accessible to every single business. PumaPay’s open-ended Pull Payment Practice is an all-inclusive blockchain resolution which compromises of some strong payment instruments that are far more trustworthy, well-organized, flexible, user friendly and accessible than the existing operations such as credit card usage. With PumaPay the consumers can easily:

  1. Plug-in numerous billing resolutions to facilitate easy recognition of cryptocurrencies right away instead of going over an unnecessary level of the banking process.

  2. Deal with the customers in full and flexible billing procedures, addressing all shared billing problems, comprising of the regular, pay-per-use, solitary expenses and payments, etc

The PumaPay Pull Payment Protocol upsurges and enables the usage of cryptocurrency in countless ecosystems by presenting an advanced all-in-one billing program through the blockchain system. This protocol is meant to reinvent on the daily basis and the payment by utilizing a new ground-breaking architecture of digital or smart agreement called PullContract.

How can the blockchain technology revolutionize the payments system? The company Decentralized vision is developing a blockchain based technology named PumaPay which aims to provide a flexible blockchain based billing solution for any type of business. What are the main features of PumaPay? Check out the points below.

  1. Open source – PumaPay is being developed as a free open source protocol which will help the businesses and third party providers to integrate their existing systems or develop new payment solutions based on the PumaPay protocol.

  2. Reduces risks – As cryptocurrency transactions do not need any kind of personal information like credit card information, bank account or date of birth, the transactions are completely secure and eliminates the risk of fraudulent activity.

  3. Reduces transaction fees – PumaPay aims to provide P2P (Peer-to-Peer) transactions between the merchant and the buyer. So there will not be any middleman involved in the transaction which will reduce the high transaction fee associated with the credit card payments. Also, the transaction will be processed quickly so that the merchants will receive the funds within a day or two.

  4. Multiple payment options – A consumer will need to make payments for various purposes in a day and the frequency of payments will also vary. For example, you will be paying a fixed amount for your monthly subscription to Internet whereas your monthly energy bills will vary based on the usage. Sometimes you need to make payment for only once. So, PumaPay provides the various payment options which are given below:

a. Fixed amount Recurring payments
b. Fixed time Recurring payments
c. Pay-Per-use
d. Single/Onetime payment
e. Money back guarantee

TOKEN DISTRIBUTION

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30%: General Contributors
10% : Engine Growth
19%: Strategic Partner & Early Adoption
5%: Advisor
10%: Tim
3%: Bounty & Programs
20%: Company
3%: Bonus for Contributor General

Roadmap

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Q1 2018
Integration ICO PumaPay
PMA Token V1.0
V1.0 with one of the main early adopters
Beginning of the third quarter of 2018
Test the next gene
Integrate Block V1.0 with ChatMaker
Beginning of IV quarter 2018
P2 Token V2.0
Dompet Android V2.0
SDK I (NodeJS)
Integration V2.0 V2.0 with important initial adopters
Integration V2.0 with Reward
Early Adopters Machine
Start Q1 2019
V2.0 Integration of iOS Wallet V2.0
for Chrome Wallet V2.0 with ChatMaker SDK II (Java, Python, ...) V2.0 To update

TIM
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The only thing they need to access the platform is nothing but the PumaPay (PMA) tokens which will be available for sale during the token sale event of the company.

For more information please visit the website below:

Website: http://www.pumapay.io/

ANN Thread : https://bitcointalk.org/index.php?topic=2658299.0

Bitcointalk : https://bitcointalk.org/index.php?topic=2658558.0

Facebook: https://www.facebook.com/PumaPay/

Twitter: https://twitter.com/PumaPay/

Telegram: https://t.me/PumaPay/

Reddit: https://www.reddit.com/r/PumaPay/

My btt : https://bitcointalk.org/index.php?action=profile;u=1111557

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